A winding private drive leads the way to Two Holes of Water Road. Along the way, you'll pass a full-size size North/south all-weather tennis court before arriving at the striking home's front steps. This uniquely situated estate enjoys seclusion and privacy while sitting just a short distance from the bustling village of East Hampton. The palatial 9,000 square foot home features seven bedrooms and six and a half baths. The estate underwent a top-to-bottom renovation in 2019 and sits upon just under 11 sprawling acres. Marked by dramatic sculptural touches and wide expanses of scenic space, this property is made for the good life. A broad staircase in the spacious entry hall leads upstairs to an expansive 28' x 35' living room with a stately fireplace. This room opens up to an elegant formal dining room. Multiple exit points open up to a sweeping wrap-around 3000 feet deck 1st and second floor, that offers unparalleled property views. A fully outfitted kitchen features a generous pantry, wet bar and ice machine, double stoves, double dishwashers, and an outdoor Traeger grill. Four skylights bring in welcome light throughout the day. Custom cabinetry can be found not only in the commodious kitchen, but throughout the home. The large master bedroom boasts a fabulous bath, 3 steam showers on each floor, Toto toilet, and double doors leading out to a private deck. The main level features its own living room with fireplace and adjacent wet bar. A home made for entertaining, the estate features guest suites, two with direct access out to the immaculate backyard. An elevator connects all three floors and opens up to the large four-car garage. Lush lawn and green space surrounds the house and its sumptuous outdoor living space, which includes a 52' heated Gunite pool. With all this, you can add a 1 mile walk path on the property so there's hardly a need to stray far from home, but when you do, high-end shopping, top-notch restaurants, and pristine ocean beaches await just minutes away in the nearby village.
Property Details
Property Features
Property Information:
Architectural Style: Modern
Year Built: 1980
Living Area: 9,000 SqFt
Listing Office:
Office Name: Douglas Elliman Real Estate
Office Phone: (631) 725-0200
Interior Features
Interior Information:
Basement: Yes
Flooring Type: Hardwood
Interior: First Floor Bedroom, Cathedral Ceiling(s), Den/Family Room, Eat-in Kitchen, Elevator, Exercise Room, Formal Dining, Entrance Foyer, Home Office, Living Room/Dining Room Combo, Master Bath, Pantry, Powder Room, Sauna, Walk-In Closet(s), Wet Bar
Bedroom and Bathroom Information:
Partial Bathrooms: 1
Full Bathrooms: 7
Total Bedroom Count: 6
Exterior Features
Exterior Information:
Exterior: Balcony, Tennis Court(s)
Parking Information:
Garage Space: 4 spaces
Attached Garage: Yes
Parking: Private, Attached, 4+ Car Attached
Lot Features
Lot Information:
Lot Size: 10.90 Acres
Utilities
Utilities Information:
Heating: Other
Cooling: Central Air
Price Information
Listing Price Info
Price Summary:
List Price: $6,495,000
Price Per SqFt: $722/SqFt
Tax Information:
Annual Amount: $23,820
Tax Year: 2020
What can I afford?
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Housing Market Comparison
See how this home compares to others in East Hampton, NY.
This property is $4.9M more than the Median Sold Price and $102/SqFt less than other homes in East Hampton, NY.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: ONEKEY
MLS Number: #3518572
Listing Office:
Office Name: Douglas Elliman Real Estate
Office Phone: (631) 725-0200
Listings courtesy of OneKey MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.
Information Copyright 2024, OneKey™ MLS. All Rights Reserved. Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available. Last updated on: 11/21/2024, 1:11:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Jun 02, 2017
Jun 02, 2017Home Sold
$2,000,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$23,820
$26,050
2019
$23,373
$24,300
2018
$21,512
$23,000
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
John M. Marshall Elementary School
3 Gingerbread Ln
Distance between this listing and this school2.36 miles
Public District Grades PK-5
6
/10
Sag Harbor Elementary School
68 Hampton St
Distance between this listing and this school3.12 miles
Public District Grades PK-5
6
/10
Amagansett School
320 Main St
Distance between this listing and this school5.00 miles
Public District Grades PK-6
Nearby Schools
6
/10
East Hampton Middle School
76 Newtown Ln
Distance between this listing and this school2.54 miles
Public District Grades 6-8
5
/10
Springs School
48 School St
Distance between this listing and this school4.83 miles
Public District Grades PK-8
4
/10
Southampton Intermediate School
70 Leland Ln
Distance between this listing and this school9.71 miles
Public District Grades 5-8
Nearby Schools
6
/10
East Hampton High School
2 Long Ln
Distance between this listing and this school1.86 miles
Public District Grades 9-12
6
/10
Pierson Middle/High School
200 Jermain Ave
Distance between this listing and this school3.06 miles
Public District Grades 6-12
7
/10
Bridgehampton School
2685 Montauk Hwy
Distance between this listing and this school4.29 miles
The neighbors living near this home have an average income of $160,784. Most East Hampton, NY residents have annual incomes $200k+. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 198 Two Holes Water Rd
What is the listing price of this property?
The listing price of 198 Two Holes Water Rd property is $6,495,000.
What type of property is this?
The property 198 Two Holes Water Rd is a house located in East Hampton, New York, 11937.
Is this property for sale now?
Active Listing: 198 Two Holes Water Rd is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $23,820 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on June 2, 2017 for $2,000,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 198 Two Holes Water Rd has 6 bedrooms and 7 full and 1 half bathrooms.
What is the square footage of this property?
The property 198 Two Holes Water Rd is 9,000 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 198 Two Holes Water Rd is 1980.
Interested in 198 Two Holes Water Rd? Let's connect.
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This home is located at 198 Two Holes Water Rd in East Hampton, NY and zip code 11937 in the Northwest Harbor neighborhood. This 9,000 square foot home, which was built in 1980, sits on a 10.90 acre lot. Features: 6 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since November 28, 2023 and is currently priced at $6,495,000.
Over 0 listings were sold over their listed price in October 2024 in East Hampton, NY. In the same period over 4 listings were sold below the listed price and 1 listings were sold for the listed price. In October 2024 in East Hampton, NY there were 12% more homes for sale than in September 2024. In October 2024, listings were on the market for 78 days. During the same period, the median list price in this real estate market was $1,585,000.
From Rocket Homes Real Estate and based on county public records data.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 
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